Billionaire investor Jeff Gundlach says the odds of a Fed rate cut next year are over 75%, as the coming recession bites

MarketsInsider/Zahra Tayeb/12-12-2022

“I think the pivot will be just as quick when they face the adversity, which is the effect of the policies, the tremendous interest rate increases that we’ve seen just in the past eight, nine months or so.” – Jeff Gundlach, DoubleLine Capital

USAGOLD note: Under such circumstances, pressure on the Fed from Wall Street and the White House will be substantial. For its part, the Fed continues to walk a tightrope stretching a dark abyss……